Cacheon vs EfficientFrontier

EfficientFrontier (SN53) is 3.9× the size of Cacheon (SN14) by market capitalisation. Over the past 30 days, SN53 is ahead by 4.2 percentage points (SN14 +18.5% against SN53 +22.7%). Their daily returns move loosely together (correlation 0.38 across 28 shared trading days). SN53 has been the more volatile of the two, at 200% annualised against SN14's 98%.

Correlation: 0.38
Size ratio: 1 : 3.9
Ahead over 30 days: SN53

CacheonSN14

$2.1300

24h: +0.46%
Market cap: $10.76M
Volume 24h: $221,360
Volatility (ann.): 98%

EfficientFrontierSN53

$7.1100

24h: +0.62%
Market cap: $41.55M
Volume 24h: $2.60M
Volatility (ann.): 200%

SN14 20.6%Share of the two combined market caps79.4% SN53

Performance

SN14SN53

7 days+0.75%-14.51%SN14
30 days+18.50%+22.72%SN53

Correlation

0.38over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3890d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	SN14	SN53
Max drawdown (400d)	-20.2%	-40.6%
Risk-adjusted return (90d)	0.19	0.09

Relative strength over 90 days: SN53 outperformed SN14 by 7.6% — measured on the SN14/SN53 ratio, so it holds regardless of market direction.

Cacheon →EfficientFrontier →